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trace gallagher has the story. >> reporter: the tax is called a reinsurance fee. it's on nearly every health plan for the first three years, meant to raise about $25 billion over the three years to help pay for people with pre-existing conditions. if the change is approved nobody would be exempt next year. in 2015 and 2016 groups that act as their own insurance companies and their own claims processors would be exempt to unions that self-insure would greatly benefit. republican senator orin hatch says it certainly looks like the obama administration is looking at a special deal for unions which is deeply concerning given the problems that all americans are facing due to obama care. now the unions argue this is not aimed at them. it's not nearly enough. the laborers union says, again quoting, as the new regulations offer no substantive relief for our health care plan the laborers union will continue to look for opportunities to fix this egregious tax on our members and their families. remember, the unions fought to help the president get elected and fought to pass
trace gallagher has the story. >> reporter: the tax is called a reinsurance fee. it's on nearly every health plan for the first three years, meant to raise about $25 billion over the three years to help pay for people with pre-existing conditions. if the change is approved nobody would be exempt next year. in 2015 and 2016 groups that act as their own insurance companies and their own claims processors would be exempt to unions that self-insure would greatly benefit. republican senator...
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Dec 10, 2013
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and january, who loses their doctors and april, who is 15ed by the man date tax. and next summer, when all of the insurance companies up their rates and if young people don't go in the system and subsiddize all of the rates will go up before the election. i think it is a disaster for the democrats. >> and marjorie, does it? you throw in the employer man date. >> it could be that we see a lot of the benefits that are mapped out and it is a misnomer to say that people are losing the insurance. most major employers have the health care that hold the tenants in face. it will be individuals and small businesses that will see the change. but looking at the system, everyone of us insurance or not are at risk of the health care system failing. it is designed hopefully to benefit the whole of the american public. in two years or 2016, what is the memory of the american public look like and how is it all playing out. >> johnathon, what is the chances of the republicans regaining the senate. >> the congressional balance test question and weather where they are asked if they
and january, who loses their doctors and april, who is 15ed by the man date tax. and next summer, when all of the insurance companies up their rates and if young people don't go in the system and subsiddize all of the rates will go up before the election. i think it is a disaster for the democrats. >> and marjorie, does it? you throw in the employer man date. >> it could be that we see a lot of the benefits that are mapped out and it is a misnomer to say that people are losing the...
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Dec 4, 2013
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cheney called the tax one of the dumbest ideas i heard. i feel strongly about it and i am walking a round proof of how great and innovative our health care system has been and i can't imagine anything worse. it is an example of ill conceived parts of the program are. in the decades battling heart disease. he's had two pacemakers and a stint. >> those innovations kept him alive and especially when he goes back to age 35 with heart issues. robert gibbes said someone has to go for the botched roll out. >> we are{you should someone be fired and if so why? 140 characters or less. tweet at bill hemmer. >> and to me at alisyn camerota. we'll read those later. >> and the release of the terrible 911 calls from sandy hook massacre nearly one year ago. >> incredible video, the police officer in a fight of his life with a man who turned out to be a murder suspect. >> battle over obama care. and how will this impact the 2014 midterm election. >> my message is going back. that seems to be the alternative that obama care critecs have. go back to the stat
cheney called the tax one of the dumbest ideas i heard. i feel strongly about it and i am walking a round proof of how great and innovative our health care system has been and i can't imagine anything worse. it is an example of ill conceived parts of the program are. in the decades battling heart disease. he's had two pacemakers and a stint. >> those innovations kept him alive and especially when he goes back to age 35 with heart issues. robert gibbes said someone has to go for the...
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Dec 10, 2013
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there are no tax increases here. and point number three, we are finally starting to deal with auto pilot spending. the mandatory spending that has not been addressed by congress for years. this isn't easy. this is the first divided budget agreement since 1986. the reason we haven't done a budget agreement when both houses were controlled by other parties is because it is not easy to do. so we are not going to get everything we want, and she won't get everything she wants [ inaudible question ]. >> i think we will pass this to the house and we'll go first given our schedules in the house, we will post this on our website today, this evening and we intend to bring it to the house floor later on this week. i have every reason to expect great support from our caucus because we are keeping our principals. the key is here nobody had to sacrifice their core principles. our principles are don't raise taxes an reduce the deficit. and we have concerned members about defense. the next hit from the sequester would hit solely on
there are no tax increases here. and point number three, we are finally starting to deal with auto pilot spending. the mandatory spending that has not been addressed by congress for years. this isn't easy. this is the first divided budget agreement since 1986. the reason we haven't done a budget agreement when both houses were controlled by other parties is because it is not easy to do. so we are not going to get everything we want, and she won't get everything she wants [ inaudible question ]....
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which means that this administration now has miionaries and navigators and a tax hour and a grassroots army organizing for action, all pushing obamacare. they certainly have their work cut out for them. twenty-one of 36 states now have embraced the president's so-called fix for obamacare to the almost 5 million people whose coverage has been canceled by insurancecompanies. senator harry reid is offering to exempt his staff from buying insurance through the laws of exchanges and the other three congressional leaders include john boehner,, nancy pelosi, and mitch mcconnell, and they all have told their staff to join the excnge. on wall street today, stocks in the dow jones down and the nasdaq up a fraction. european regulators ned six financial institutions, a record 2 billion, for conspiring to terest rate manipulate interest rates. mgm selling its remaining 10% stake on allied financial. the carmakers lending arm getting about $900 million. the government remains the majority shareholder, which received a 17 billion-dollar bailout during the crisis, of which they have repaid two thirds
which means that this administration now has miionaries and navigators and a tax hour and a grassroots army organizing for action, all pushing obamacare. they certainly have their work cut out for them. twenty-one of 36 states now have embraced the president's so-called fix for obamacare to the almost 5 million people whose coverage has been canceled by insurancecompanies. senator harry reid is offering to exempt his staff from buying insurance through the laws of exchanges and the other three...
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Dec 2, 2013
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by the way, as ipad comes in and medicare rationing occurs and 22 new tax increases occur, and the medicare advantage cuts occurred, it's going to be the bad gift that keeps on giving onto next year. that's why all the red state democrats are scared to death. >> first of all, i disagree with everything you said, but -- everything you just said -- but i am concerned that some medicare part d was passed, and it wasn't working, we worked with republicans to fix it. here's what we have from your great friend erick erickson. the strategy now, he says should be the website they can't fix, but we must deny them the opportunity to fix the new law itself. let the american people see big government in all its glory and offer a repeal. in other words, hold back support, road for -- is that your strategy? do you sign on to erick erickson's strategy? >> no, i don't root for failure. >> that's what he's saying. >> help, there's an interesting term. >> what's the fix? >>> regarding 300 maybe, who knows? medicaid expansion for tort reform? who knows, but there is no negotiation. one part passed this. it wa
by the way, as ipad comes in and medicare rationing occurs and 22 new tax increases occur, and the medicare advantage cuts occurred, it's going to be the bad gift that keeps on giving onto next year. that's why all the red state democrats are scared to death. >> first of all, i disagree with everything you said, but -- everything you just said -- but i am concerned that some medicare part d was passed, and it wasn't working, we worked with republicans to fix it. here's what we have from...
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Dec 2, 2013
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it notes expiring tax provisions , that more than 60 tax provisions are set to expire at year's end. also on thatalso on that my to-s the medicare reimbursement for doc there's. --for doctors. this first session of the hundred 13th congress passing under -- enacting just under 60 pieces of legislation. carl is up from kansas city, missouri on our lines for democrats. good morning. i am a liberal democrat from kansas city, missouri and i want to say a couple of things real quick. the media has gotten 80% of -- 40% of americans think he is a communist from kenya. and obama is a moderate republican. he is lower taxes for the very rich when they were supposed to be temporary. but because of clinton's surplus they have extended that. he got caught in an economic bind and he helped out the bankers. what he is doing with the insurance company are trying to do is trying to use free enterprise to regulate and turn the insurance companies who, by andway, are scam artists, turned them into a regulated utility and set some rules for the game and all the subsidies are going to the insurance compa
it notes expiring tax provisions , that more than 60 tax provisions are set to expire at year's end. also on thatalso on that my to-s the medicare reimbursement for doc there's. --for doctors. this first session of the hundred 13th congress passing under -- enacting just under 60 pieces of legislation. carl is up from kansas city, missouri on our lines for democrats. good morning. i am a liberal democrat from kansas city, missouri and i want to say a couple of things real quick. the media has...
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Dec 10, 2013
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taxes will go up because the bill will be massive. they will force young people to buy in and employed people to pay more, period. they have to. >> penny? >> under the existing system we were paying for the young and healthy to get into a car wreck and go into the mrnl room. taxpayers were already paying for it. for them to have affordable health care at a base minimum of what the package could be, some of it could be $50. it will be able to lessen the burden. >> a young person would rather have catastrophic care with with a high deductible because odds are they aren't going to get sick at a young age. if they got cancer or this a car accident they would be covered. this doesn't give them the option. >> it does, if they sign up. >> no, it doesn't. >> if they sign up at the base level, yes. they are able to have catastrophic coverage. >> why are people losing coverage they like? it doesn't meet the, quote standards in the law. >> there is an improved standard. >> you have to take the plan -- >> you're making my point. lots of people ga
taxes will go up because the bill will be massive. they will force young people to buy in and employed people to pay more, period. they have to. >> penny? >> under the existing system we were paying for the young and healthy to get into a car wreck and go into the mrnl room. taxpayers were already paying for it. for them to have affordable health care at a base minimum of what the package could be, some of it could be $50. it will be able to lessen the burden. >> a young...
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i think people are taxed to death and i don't mind two-tier health care if you want it, pay for it. i understand it. but you know, and we have general health care up here. but, you know, it's going to cost a fortune for you to put in this obama care. and i don't see how the people will afford it. >> the mayor was invited to talk about sports. >>> and now to a warning to computer users around the world. more than 2 million facebook, google and twitter passwords have been stolen. online networks have disabled affected passwords and that's tonight's speed read. >>> why do the democrats tell us things they know aren't true. >> remember what he president said? if you like your insurance, you can keep it. >> if you like your health care plan, you can keep your health care plan, period. >> what he said was true. >> okay. >> if you want to keep the insurance you had, you can keep it. >> you know that one's not true. and so do they. maybe they should call this guy. >> i got a letter in the latter part of october from florida blue and they told me that by the summer of 2014 i'm going to have
i think people are taxed to death and i don't mind two-tier health care if you want it, pay for it. i understand it. but you know, and we have general health care up here. but, you know, it's going to cost a fortune for you to put in this obama care. and i don't see how the people will afford it. >> the mayor was invited to talk about sports. >>> and now to a warning to computer users around the world. more than 2 million facebook, google and twitter passwords have been stolen....
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that's something that i think -- >> get a tax credit for hiring someone that's been unimploempl. >> these folks are really in trouble. >> we should do both, right? we should help the folks that are still in trouble. kevin is right, there is an element of the unemployment rate that is there because of the ui program. but even given that, it's been -- >> people that stay unemployed because they can get enough from unemployment. >> yes. there is a lot of research and debate. but my estimates, 10.2 3% of unemployment is due to the ui program. the net benefit of this is very significant. kevin is right. we have to work on long term employment. >> i just say that i disagree we should do both in the following sentence. what we should do, if you want to give more money to people currently unemployed. just give them the money. give them a lump sum of cash. don't make them stay unemployed for another three months to get the checks. if you give them a lump sum of cash, they go out for a job right away. >> a lot of the long term unemployed, there are four million currently. we're probably understumen
that's something that i think -- >> get a tax credit for hiring someone that's been unimploempl. >> these folks are really in trouble. >> we should do both, right? we should help the folks that are still in trouble. kevin is right, there is an element of the unemployment rate that is there because of the ui program. but even given that, it's been -- >> people that stay unemployed because they can get enough from unemployment. >> yes. there is a lot of research and...
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. >> that you get a tax credit for hiring someone who has been unemployment for a certain time. >> these folks are really in trouble and the good unemployment news doesn't really affect the long-term -- >> but we should do both. we should help the folks that are still in trouble. kevin is right, there's an element that's there because of the ui program. >> and people that stay unemployed because they can get enough from unemployment. >> there's a lot of academic work and research, but my estimates a percentage is due to ui benefits. kevin is right, we have to work on long term structural unemployment -- >> but i want to say i disagree that we should do both in the following sense. that what we should do, if you want to give more money to the people who are currently unemployed, just give them the money. give them a lump sum of cash. don't take them stay unemployed for another three months. >> mark zandi, annie lowry, kevin hasset, thank you for coming by. >>> when we return, he called nelson mandela one of the greatest leaders of our lifetime and incurred the wrath of his facebook friend
. >> that you get a tax credit for hiring someone who has been unemployment for a certain time. >> these folks are really in trouble and the good unemployment news doesn't really affect the long-term -- >> but we should do both. we should help the folks that are still in trouble. kevin is right, there's an element that's there because of the ui program. >> and people that stay unemployed because they can get enough from unemployment. >> there's a lot of academic...
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i think people are taxed to death. you know, i don't mind two tier healthcare if you like healthcare you pay for it i understand that. but, you know, and we have general healthcare up here or old hip we call it. but, it's going to cost a fortune for you guys to put in this obamacare. i don't see how the people are going to be able to afford it, to tell you the truth. >> mayor ford was invited to the radio show that talk about sports. urgent warning to computer users around the world. more than two million facebook, google and twitter pass words have been stolen. in response to the giant hacking. online networks have disabled the effective pass words and that's tonight's speed read. >>> and now why do the democrats keep telling us things they know aren't true? >> remember what the president said, if you like your insurance you can can keep it. >> if you like your healthcare plan, you will be able to keep your healthcare plan. period. >> what he said was true. >> okay. if you want to keep the insurance you have, you can
i think people are taxed to death. you know, i don't mind two tier healthcare if you like healthcare you pay for it i understand that. but, you know, and we have general healthcare up here or old hip we call it. but, it's going to cost a fortune for you guys to put in this obamacare. i don't see how the people are going to be able to afford it, to tell you the truth. >> mayor ford was invited to the radio show that talk about sports. urgent warning to computer users around the world. more...
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plus, did russian diplomats steal your tax dollars? by scamming the system to get medicaid benefits? there are brand new charges out today, and what until you hear what they're accused of buying with their own money while claiming to be broke. let's get to it. >> good thursday afternoon to you and yours. we're expecting
plus, did russian diplomats steal your tax dollars? by scamming the system to get medicaid benefits? there are brand new charges out today, and what until you hear what they're accused of buying with their own money while claiming to be broke. let's get to it. >> good thursday afternoon to you and yours. we're expecting
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Dec 3, 2013
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that is something that congress is currently weighing is whether to tax financial transactions. it does not have a lot of support, so i do not see that happening anytime soon. europe is a little bit different, they have actually imposed some trading taxes, which has been to the chagrin of the banks. host: peter, on the republican line/ . caller: let's get the history state on what happened during the financial crisis. during the 1990s there was a lot of pressure by the minority groups to increase the amount of affordable housing. so the clinton administration developed the public private partnership to get banks to create more loads for low income people. that calls --was caused a mandate on fannie and freddie to purchase subprime mortgages. they had increased the mandate 110% to 55% of her juices of sub i mortgages. -- purchases of subprime mortgages. he continued that public-private partnership that clinton had , upblished the which after to 2007 and 2008, the number of those mortgages were so great that caused the financial collapse. the government gave the green light to wal
that is something that congress is currently weighing is whether to tax financial transactions. it does not have a lot of support, so i do not see that happening anytime soon. europe is a little bit different, they have actually imposed some trading taxes, which has been to the chagrin of the banks. host: peter, on the republican line/ . caller: let's get the history state on what happened during the financial crisis. during the 1990s there was a lot of pressure by the minority groups to...
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so that tax is coming for sure. additionally, if you're a small business and you made some capital investments this year, you were getting a nice little tax deduction. starting next year your taxes will shoot up. if you make new product purchases to sustain your business, the government is raising your taxes and that is coming in 2014 and that's going to be the cbo says that's going to account for half of all new revenue next year. so, businesses are going to take it very hard starting -- >> they're at least 14 other ancillary fees going in, airline security fees, transportation fees and that's going to hit a lot of people no matter where they are in the income range. right? >> that's right. absolutely. and right now, you have senator patty murray and representative paul ryan, who have been squirreled away -- everyone has been distracted with other issues but these two lawmakers have been negotiating the budget deal for next year, and in washington, when things are quiet, that usually means something is happening, a
so that tax is coming for sure. additionally, if you're a small business and you made some capital investments this year, you were getting a nice little tax deduction. starting next year your taxes will shoot up. if you make new product purchases to sustain your business, the government is raising your taxes and that is coming in 2014 and that's going to be the cbo says that's going to account for half of all new revenue next year. so, businesses are going to take it very hard starting --...
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we'll take personal and corporate tax down to 5%. bring the payroll tax down for the worker and employer. and we'll reduce the red tape and let businesses thrive. we'll invite entrepreneurs from around the country and around the world who want to come to detroit and make it like a mini hong kong. there are great things you can do the. it's amazing how much money accumulates not from other parts of the country but just from detroit's tax base if you don't take it to washington. you leave it in detroit. >> you're saying you will reduce the personal tax liability to 5%. can you do that? you're senator rand paul, one senator. how do you accomplish -- i like the idea. i'm asking how you accomplish it. >> well, if i were president obama i would do it by edict. i'm just a senator so we have to pass it as legislation and get the president to sign it. i can tell you now there is not a lot of enthusiasm for the traditional type of bailout. i don't think that will pass the house of representatives. i think my plan, if democrats would look at it
we'll take personal and corporate tax down to 5%. bring the payroll tax down for the worker and employer. and we'll reduce the red tape and let businesses thrive. we'll invite entrepreneurs from around the country and around the world who want to come to detroit and make it like a mini hong kong. there are great things you can do the. it's amazing how much money accumulates not from other parts of the country but just from detroit's tax base if you don't take it to washington. you leave it in...
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they leave out the earned income tax credit, for example. these things are so -- >> you have to look at the report that says all of that stuff. >> we did. that looks much better. jared, let me ask you this. i listened to the president's so-called solution today. he wants to raise the minimum wage, right? he wants more infrastructure spending. he wants to end tax loopholes. he wants more spending. can i just say how totally boring that is? that's all he ever says. the guy either needs, a, a new speech writer or, b, a new policy or preferably both because he can't keep standing up with the same four silly bullets and say that that is going to improve the american economy which is producing the worst economic recovery in the modern era. >> i wouldn't expect you to -- i wouldn't expect you to like three of those four, but the fact that he has consistently talked about lowering the corporate tax -- >> but he didn't talk about that today. >> he did. >> he just talked about closing loopholes. >> he's referencing his plan to lower the corporate rate
they leave out the earned income tax credit, for example. these things are so -- >> you have to look at the report that says all of that stuff. >> we did. that looks much better. jared, let me ask you this. i listened to the president's so-called solution today. he wants to raise the minimum wage, right? he wants more infrastructure spending. he wants to end tax loopholes. he wants more spending. can i just say how totally boring that is? that's all he ever says. the guy either...
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Dec 6, 2013
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>> in a pure market, they would be no tax subsidies. but many of the resources to dig into the market have tax subsidies of one sort or another that are not taken into account in the market price. >> commissioner, sir. >> it will affect an open marketplace. having said that, i am concerned some of the nuclear facilities that have been closing i'd like you never tiring because the negative night time pricing is a concern for me because the long-term stability of these low fuel in our system is important. >> yeah, we need those. >> commissioner clark. >> i would agree for the reasons you've identified. obviously the decision for congress to make whether they will be ptc are not clearly does have a market distorting impact, especially in very wind rich parts of the country and at certain times of day at certain times of the year. >> one follow-up question for mr. krantz questioned about our reliability past year in congress. yes or no, that were not there still agree it is bad policy to trap companies between two regulators with different
>> in a pure market, they would be no tax subsidies. but many of the resources to dig into the market have tax subsidies of one sort or another that are not taken into account in the market price. >> commissioner, sir. >> it will affect an open marketplace. having said that, i am concerned some of the nuclear facilities that have been closing i'd like you never tiring because the negative night time pricing is a concern for me because the long-term stability of these low fuel...
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for $1 trillion in taxes. mary kissel with the wall street journal editorial board is smiling. is this for real? is there a real split here? not something i am inventing. is there a split? >> it is a struggle for the heart of the democratic party. you saw a obama pull the party itself ought to the left at you see centrists coming out and say and what are we doing? look at the polls, look what happened in colorado where voters rejected a tax hike to fund public education. look at history. populism works on college campuseses but looks a guy like bill bradley or howard dean it doesn't really work. stuart: we are riding a big piece, your newspaper. >> reading the wall street journal editorial page. stuart: the hard left is -- they used the word reckless, stronger stuff than that. >> a set weekend have all these kinds of fiscal fantasies as they put it. and a couple existed -- stuart: she wants to raise social security benefits and tax everybody. >> social security is broken and you can't promise american voters s
for $1 trillion in taxes. mary kissel with the wall street journal editorial board is smiling. is this for real? is there a real split here? not something i am inventing. is there a split? >> it is a struggle for the heart of the democratic party. you saw a obama pull the party itself ought to the left at you see centrists coming out and say and what are we doing? look at the polls, look what happened in colorado where voters rejected a tax hike to fund public education. look at history....
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tax reform and tort reform. >> make it attractive. come on. >> health savings accounts. which are tax-free dollars, so if you decide you want to go to a chiropractor and your health insurance doesn't cover that, your money can go to pay for that rather than the government. >> that's a funny thing. you're right. a free market idea is incredibly simple. it works in every other industry, but it's overcomplicated by thousands of pages of bureaucratic nonsense that keeps people in their professions. >> rather than try and say what's your other idea, we had another idea. it could have been helped and fixed. it was a free market solution, free market health care. >> which was? >> which is what we were doing before. there needed to be some tweaks to it. >> look at bob. >> remove the ban from -- if you're an insurance company in new jersey, you can't sell it in new york. that is ridiculous and stupid. so you move some of those. hold on. >> sorry. >> what's your other alternative, there are plenty of them out there. i don't think any of them are that good. i think the original sys
tax reform and tort reform. >> make it attractive. come on. >> health savings accounts. which are tax-free dollars, so if you decide you want to go to a chiropractor and your health insurance doesn't cover that, your money can go to pay for that rather than the government. >> that's a funny thing. you're right. a free market idea is incredibly simple. it works in every other industry, but it's overcomplicated by thousands of pages of bureaucratic nonsense that keeps people in...
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your tax cheat if you are not paying your sales taxes. and people are paying big bucks for sports memorabilia. from the ballfield may be. people pay money for anything. that is what they are paying for a barrel of oil. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their0-year lipper average t. rowe price. invest with confidence. with investment information, risks, fees and expenses to read and consider carefully before investing. daymac new home sales surging in october taking home builder stocks with them. nicole petallides is at the stock exchange. >> helped to bring them off of the lows of the day, they are not far off of the unchanged line but the new home sales numbers came in and beat the street expectations with a rise of 20.4% to 440,000 beating the estimate of 426,000. of up arr
your tax cheat if you are not paying your sales taxes. and people are paying big bucks for sports memorabilia. from the ballfield may be. people pay money for anything. that is what they are paying for a barrel of oil. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of...
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some include assets and raising fees and not taxes. in addition, negotiators want to relieve cuts in military problems by finding savings elsewhere. the deal could be announced as early as this week or early next week. keep in mind they are not back until monday and congress leaves for the holidays next friday. that of loose a few days to get a deal through both houses. so far both sides are noncommittal about the chances that it gets done. the speaker said that the speaker knows ryan is committed to finding common ground and hopes democrats will work to find a smarter way to cut washington spending. on wednesday, congressman jim clyburn and a member of the budget conference said that nothing is set in stone. >> that's the problem we get with these things. you agree to something and you look around and the goal post gets moved. we on a democratic side are not going to agree to anything. until everything is agreed to. >> joining me now, the chair and new york congressman israel. thank you very much for joining us. >> thank you for havin
some include assets and raising fees and not taxes. in addition, negotiators want to relieve cuts in military problems by finding savings elsewhere. the deal could be announced as early as this week or early next week. keep in mind they are not back until monday and congress leaves for the holidays next friday. that of loose a few days to get a deal through both houses. so far both sides are noncommittal about the chances that it gets done. the speaker said that the speaker knows ryan is...
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k stone.this from mar guest: i think tax expenditures is a big problem. there are tax revenues that we should be taking in which we are not because we are subsidizing a significant amount of what some have termed corporate welfare. billions of dollars to the oil and gas industry, they are making record profits. the tax expenditures are costing the american people in ways that are problematic. host: what would you cut the besides defense? guest: revenues that we have lost that would otherwise should take in. other than defense, there is waste and inefficiencies in a wide range of domestic spending programs. i am willing to take a look at almost everything. i think the demonization of social security and medicaid are inappropriate. they are not responsible for the deficit problem we have right now. ronald reagan in a debate with walter mondo and clear social security has nothing to do with the deficit. it was true then and it is true now. att in plano, texas. caller: thank you for taking my call. food stamps is not one of the areas that needs to be cut. it
k stone.this from mar guest: i think tax expenditures is a big problem. there are tax revenues that we should be taking in which we are not because we are subsidizing a significant amount of what some have termed corporate welfare. billions of dollars to the oil and gas industry, they are making record profits. the tax expenditures are costing the american people in ways that are problematic. host: what would you cut the besides defense? guest: revenues that we have lost that would otherwise...
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you folks are not as exposed as we are in areas that have taken away the taxes from the school system, impact aid is necessary. that will stop on december 31st. the things that won't stop right then but will be of major concern i will mention two and respond to questions. any major projects currently under construction will have to stop work and i use an example of a floor that contains 1 thirty-six million to continue construction at the replacement of the command center in nebraska. if this is not authorized then the work will have to stop half way through. on the other hand, you take the 78, something we have already spent $12 billion on. if we are not able to pass this bill it will have to stop. we have 300 voters out of work and all of that but the point is we would be wasting billions of dollars if we don't do this. it contains a lot of provisions, the previous speakers particular aided, the only way to have a bill is to go ahead and do it this way and i commend, talking about the big 4, we can go today, spent a lot of time going over this, we have -- we are going to do our best
you folks are not as exposed as we are in areas that have taken away the taxes from the school system, impact aid is necessary. that will stop on december 31st. the things that won't stop right then but will be of major concern i will mention two and respond to questions. any major projects currently under construction will have to stop work and i use an example of a floor that contains 1 thirty-six million to continue construction at the replacement of the command center in nebraska. if this...
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Dec 9, 2013
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lower corporate tax rates. really get the economy moving again. not unemployment benefits. companies. that's what everyone's missing here. maybe this will do the republican house members some good if they extend it. maybe it'll help get them re-elected. i think the bigger issue is we need an economy that creates lots and lots and lots of jobs. >> that's become the new norm, has it not, vera? >> it is. a total disservice to the americans who are out of work. all of these people, one in three of the unemployed are long-term unemployed. they have a big problem. they need real jobs. by extending the benefits you're just delaying the inevitable. they need good paying, solid jobs. >> you had cited a report in the commercial break that said people mostly go out to look for a yob in the final week of when their money is going to run out. >> when they have to. >> there was research from allen krueger, head of the president's own national council of economic advisers. he did impeer cal work that said it extends the duration of unemployment and that people spend three times as much ti
lower corporate tax rates. really get the economy moving again. not unemployment benefits. companies. that's what everyone's missing here. maybe this will do the republican house members some good if they extend it. maybe it'll help get them re-elected. i think the bigger issue is we need an economy that creates lots and lots and lots of jobs. >> that's become the new norm, has it not, vera? >> it is. a total disservice to the americans who are out of work. all of these people, one...
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citizen and i realize i cannot pay into a tax system which is mostly pain which basically paying off debt to the bankers but nonetheless we pay into a tax system which is used to produce military capability that is also ultimately used in other parts of the world which is ultimately killing my brothers and sisters in other parts of the world i do not agree to subscribing to our excuse me contributing to a tax system that is being used to commit mass murder against people i consider to be my brothers and sisters halfway around the world it's a violation of my ethics as a man as someone who believes and justice for everyone and wants a better world for everyone i cannot pay for the murder of my brother or sister and that's part of the contract of citizenship so i said which was to me a sensible thing and a moral thing to do to take my name off of that contract because i do not agree to it and ultimately i will walk away and i left a paradise life in hawaii had my own business i was making money lived on the beach did something i loved you know i loved i had a beautiful beautiful life a
citizen and i realize i cannot pay into a tax system which is mostly pain which basically paying off debt to the bankers but nonetheless we pay into a tax system which is used to produce military capability that is also ultimately used in other parts of the world which is ultimately killing my brothers and sisters in other parts of the world i do not agree to subscribing to our excuse me contributing to a tax system that is being used to commit mass murder against people i consider to be my...
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your plan period to the long list of political promises proven untrue along side read my lips, no new taxes. the phrase isn't going away and the story line isn't going away. young people are leaving in droves. >> the if you like your health care you can keep it quote, harry reid has revived the debate the president told the truth all along. >> there were thousands of people that found out that was not actually possible. >> but i still go back and say what i said earlier. what he said was true. >> okay. >> if you want to keep your insurance you have, you can keep it. >> reid staring at a difficult battle to keep control of the senate in 2014 could be trying to reframe a sore point with voters. he says many health plans have changed in the last few years. he says the president was telling the truth at the time of the promise. carney had no interest in reengaging. >> i think the president has spoken about this at length and repeatedly and taken action on this. i don't have anything to add to that. >> reid put the white house on defense over the position to exempt some of the staff from enrolli
your plan period to the long list of political promises proven untrue along side read my lips, no new taxes. the phrase isn't going away and the story line isn't going away. young people are leaving in droves. >> the if you like your health care you can keep it quote, harry reid has revived the debate the president told the truth all along. >> there were thousands of people that found out that was not actually possible. >> but i still go back and say what i said earlier. what...
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to the bankers but nonetheless we pay into a tax system which is used to produce military capability that is also ultimately used in other parts of the world which is ultimately killing my brothers and sisters in other parts of the world i do not agree to subscribing to our excuse me contributing to a tax system that is being used to commit mass murder against people i consider to be my brothers and sisters halfway around the world it's a violation of my ethics as a man as someone who believes and justice for everyone and wants a better world for everyone i cannot pay for the murder of my brother or sister and that's part of the contract of citizenship so i said which was to me a sensible thing and a moral thing to do to take my name off of that contract because i do not agree to it and ultimately i will walk away and i left a paradise life in hawaii i had my own business i was making money lived on the beach did something i loved you know i loved i had a beautiful beautiful life and i walked from that because i absolutely one hundred percent disagree with the actions of my birth nat
to the bankers but nonetheless we pay into a tax system which is used to produce military capability that is also ultimately used in other parts of the world which is ultimately killing my brothers and sisters in other parts of the world i do not agree to subscribing to our excuse me contributing to a tax system that is being used to commit mass murder against people i consider to be my brothers and sisters halfway around the world it's a violation of my ethics as a man as someone who believes...
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tax system and fund the murder of my brothers and sisters halfway around the world i simply refuse to do it and i would argue that other people should look at a contract like that and maybe if we all decide to enter into a new contract like that we can end war for good so you say your world citizen is there any place that you love more than other where you living in the u.k. if you don't like u.k. policies are love hawaii my my my adopted homeland is hawaii and the hawaiian nation was stolen by the united states and eight hundred ninety three and yet there are my hawaiian brothers and sisters who are hawaiian nationals and who know who they are and have not forgotten who they are and take pride in who they are and if they have their way and i have my way the hawaiian nation will no longer be a military outpost but the united states launching its wars of aggression against everybody the latest book the man hawaii is the place that i long to live i plan to return there but i want the empire out of hawaii hawaii is not an extension of the us empire it is a hawaiian nation and the. people
tax system and fund the murder of my brothers and sisters halfway around the world i simply refuse to do it and i would argue that other people should look at a contract like that and maybe if we all decide to enter into a new contract like that we can end war for good so you say your world citizen is there any place that you love more than other where you living in the u.k. if you don't like u.k. policies are love hawaii my my my adopted homeland is hawaii and the hawaiian nation was stolen by...
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Dec 10, 2013
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large and healthy financial institutions be willing to take on failing institutions when they might be taxed with the result? so, that's one issue of policy that we have to look at carefully. the committee was also concerned about one other thing that, which is really to me, in particular, and to other members of the committee, particularly troubling. and that is, that the, the charges that were placed against jpmorgan came after the chairman of the bank started to take on the government's policy in a number of areas. he was critical, i'm talking here of jamie dimon. he was critical of the, of the dodd-frank act and was critical of many other regulatory policies of the government. and, at the same time, he was in a sense, a spokesman for thing industry but an individual who was the chairman of a large bank then following those criticisms, came all of these charges against jpmorgan chase, which had previously been thought to be one of the healthiest and best-managed banks. so, the worry here is that the lesson that the government is, or the message that the government is sending is that, if y
large and healthy financial institutions be willing to take on failing institutions when they might be taxed with the result? so, that's one issue of policy that we have to look at carefully. the committee was also concerned about one other thing that, which is really to me, in particular, and to other members of the committee, particularly troubling. and that is, that the, the charges that were placed against jpmorgan came after the chairman of the bank started to take on the government's...
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tax someone to give that stuff to you. don't count on it. >> if you get the president of the united states this evening jacked up enough to recreate a moment that occurred in 1968 at the university of kansas when robert kennedy was there. a young person stood up and said if he were elected as president what would he do about the draft. this kid was in danger of being drafted. senator robert kennedy at that moment in time looked at that kid and said i'm going speed it up meaning his draft status. >> it helps bobby was an enlisted man teenager. he had that credibility to make that charge. we're going to where kennedy gave his great american university speech. i'll allude to that. kennedy gave this great speech there the peace speech. but he said something i remembered ever since i read it. problems of man are manmade. they can be solved by man. in the past man has solved the seemingly unsolvable. he can do it again. that sense of national confidence that we can solve our problems especially the ones we create can we bring it
tax someone to give that stuff to you. don't count on it. >> if you get the president of the united states this evening jacked up enough to recreate a moment that occurred in 1968 at the university of kansas when robert kennedy was there. a young person stood up and said if he were elected as president what would he do about the draft. this kid was in danger of being drafted. senator robert kennedy at that moment in time looked at that kid and said i'm going speed it up meaning his draft...
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i think he'll keep the taxes down. he wasn't really interrogated as a person. there was no one asking, does he smoke crack. that was not a campaign issue. >> apparently it now needs to be one. what i also loved, jamal, he said he would be a republican to which i would say, gop, here is your man north of the border. here is a guy who looks down and says that's who i identify in. >> absolutely. i hope he shoes up with campaign ads. when i wamp this i can't help but think we know we're at a sign of apocalypse when ron ford is interviewed by ron burgundy. >> the apocalypse right on my doorstep but may not be too far away with anchorman a few weeks a away. >> not a bad dude, that is the cynicism, reverse cynicism we love and know from you. >> i don't want to talk about it. >> i want to say this. this factors into we will laugh about him, continue to laugh about him. i think it's seriously bad for civil service to have people like rob ford in office. i want to read this excerpt from atlantic, important to bear this in mind. downtowners see him up close and personal.
i think he'll keep the taxes down. he wasn't really interrogated as a person. there was no one asking, does he smoke crack. that was not a campaign issue. >> apparently it now needs to be one. what i also loved, jamal, he said he would be a republican to which i would say, gop, here is your man north of the border. here is a guy who looks down and says that's who i identify in. >> absolutely. i hope he shoes up with campaign ads. when i wamp this i can't help but think we know we're...
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there will be no tax reform. there will be no significant deficit or debt reduction period. this is steady as she goes, just keep on going the way we're going now and don't rock the boat and no shutdown. bill: wonder if that could even pass in the house. we'll see. the headline underneath it is what for consumers? >> long suffering air travelers will take a big hit. bill: really? >> yes. it is proposed one of the small details in this deal, there is likely a proposal to extract an extra $25.9 billion from air travelers over the next 10 years. eight billion of that would go to take care of security. 18 billion would go towards deficit reduction. but airline travelers who take the hit, bill. bill: didn't see that one coming. the president wants to extend unemployment benefits. is that a deal-maker or a deal-breaker? >> it could be a deal-breaker depending how hard the president pushes and how hard democrats push for it in the senate and in the house. at the moment, come january, 1.3 million people who are receiving unemployment benefits now will be cut off. the president wants
there will be no tax reform. there will be no significant deficit or debt reduction period. this is steady as she goes, just keep on going the way we're going now and don't rock the boat and no shutdown. bill: wonder if that could even pass in the house. we'll see. the headline underneath it is what for consumers? >> long suffering air travelers will take a big hit. bill: really? >> yes. it is proposed one of the small details in this deal, there is likely a proposal to extract an...
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policies can be put in place, growth policies, tax cuts, corporate taxes being cut to get that growth going so everybody has an equal shot at prosperity. martha: let's take a look at some of these numbers. just verbally -- 1 per when asked what's the most important issue to you? 1% of the 18-29-year-olds thought that was important. jobs, unemployment rate, 7.3%. we note labor participation rate is historically low and continues to be so. americans on disability up three times since 1983. we throw more money at education, doug, than we have ever in the history of this country and we have seen what's happening to our test scores. i think the president is getting at the middle class. improving the state of the middle class. but i don't know raising the minimum wage and increasing early childhood education is the ticket. >> i think those are good things to do. i'm a democrat. but the issue is what monica came to at the end of her brief presentation. the answer is growing an economy to give everyone a chance to get ahead. the american people are angry there is no real chance to work hard,
policies can be put in place, growth policies, tax cuts, corporate taxes being cut to get that growth going so everybody has an equal shot at prosperity. martha: let's take a look at some of these numbers. just verbally -- 1 per when asked what's the most important issue to you? 1% of the 18-29-year-olds thought that was important. jobs, unemployment rate, 7.3%. we note labor participation rate is historically low and continues to be so. americans on disability up three times since 1983. we...
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Dec 7, 2013
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the way to get it working again is to lower taxes. increase domestic energy production and that policy could really be revamped. it's really a shame. workers are poised to create a lot of new jobs. they have the capital to do so. the number one reason they're not doing it is because of the obama care mess. they'll have a wait and see attitude, see if they'll add workers full time or hire new workers and actually quite the opposite, laying people off and keeping them below full time until this obama care problem is solved. >> i'm going to give you a moment to respond there. let me jump in there. where rick leaves off. of course we know a steady climb in employment is better than being stagnant. apart from what rick is considering obama care as a blocker, what would you say are some of the blockers that are preventing more robust job growth to the point where we have that happy days are here feeling that permeates the air? >> i don't think obama care is the thing that is doing it because frankly i think most larger groups, corporations
the way to get it working again is to lower taxes. increase domestic energy production and that policy could really be revamped. it's really a shame. workers are poised to create a lot of new jobs. they have the capital to do so. the number one reason they're not doing it is because of the obama care mess. they'll have a wait and see attitude, see if they'll add workers full time or hire new workers and actually quite the opposite, laying people off and keeping them below full time until this...
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Dec 10, 2013
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guide to taxes continues with a tax strategy session so you can do some planning. that is airports might "willis report" and we thank you for joining us. have a great night. ♪ lou: the nation's east coast is hammered by a deadly winter storm that caused scores of car wrecks and canceled thousands of flights and that's just the first round. the second round begins in just hours. a powerful storm with more ice and snow that will hit tonight. i am lou dobbs. ♪ ♪ ♪ lou: good evening, everybody. the relentless storm pounding cities along the east coast, dropping snow and sleet and freezing rain across much of the region. forecasters say that washington dc could get up to 5 inches of snow in philadelphia up to three and new york at least 1 inch. the storm system is wreaking havoc on the roads and in new jersey a car slid off interstate 78 and two people were killed. overall, 11 deaths across the country have been blamed on the storm in the snow and icy conditions is causing an exceptional number of pilots. the chain reaction crash on the pennsylvania turnpike tha
guide to taxes continues with a tax strategy session so you can do some planning. that is airports might "willis report" and we thank you for joining us. have a great night. ♪ lou: the nation's east coast is hammered by a deadly winter storm that caused scores of car wrecks and canceled thousands of flights and that's just the first round. the second round begins in just hours. a powerful storm with more ice and snow that will hit tonight. i am lou dobbs. ♪ ♪ ♪ lou: good...
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Dec 6, 2013
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. >> i owned restaurants and i pay taxes on it. it causes unemployment. >> what do you say to people who lose jobs? >> listen to me. >> that doesn't help. minimum wage has nothing to do with it. >> the increase is 5% in the last 35 years. this is not america. >> we have already doubled. >> this is america. i'm proud of my country. >> we have doubled the number of people on food stamps. >> you are against filibusters. >> here's the problem. what is jamu going to say to people who lose the jobs? >> section 8 housing, food stamps. >> when you pay a minimum wage -- >> no, raise the cost of products and people buy fewer. >> people on a poverty wage, they have to get food stamps. they have to be on medicaid. >> there will be fewer people employed. sean hannity, go to mcdonald's, wendy's and say who in line the to buy hamburger wants to pay additional money for it? it will raise the price of the burger. >> you will lower the amount of people on food stamps. you will lower -- >> you're making it up. >> this is a fact. >> you're not looking
. >> i owned restaurants and i pay taxes on it. it causes unemployment. >> what do you say to people who lose jobs? >> listen to me. >> that doesn't help. minimum wage has nothing to do with it. >> the increase is 5% in the last 35 years. this is not america. >> we have already doubled. >> this is america. i'm proud of my country. >> we have doubled the number of people on food stamps. >> you are against filibusters. >> here's the...
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Dec 4, 2013
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that means simplifying our corporate tax tax code in a way that closes wasteful loopholes, ends incentives to ship jobs overseas -- [applause] by broadening the base we can lower rates to encourage more companies to hire and use some of the money we save to create the jobs rebuilding our roads, bridges and airports and all the infrastructure in our businesses it means a trade agenda but rose exports and works for the middle class. been streamlining regulations that are outdated or unnecessary enemies coming together around a responsible budget one that grows our economy faster right now and treats her long-term deficits, one that and wines sequester cuts that haven't made a lot of sense. [applause] and then frees up resources to invest in things like scientific research that has always unleashed new innovation in new industry. when it comes to our budget we should not get stuck in a stale debate from two or three years ago. a relentlessly growing deficit of opportunity is a bigger threat to our future than a rapidly shrinking fiscal deficit [applause] so, that is step one towards restoring
that means simplifying our corporate tax tax code in a way that closes wasteful loopholes, ends incentives to ship jobs overseas -- [applause] by broadening the base we can lower rates to encourage more companies to hire and use some of the money we save to create the jobs rebuilding our roads, bridges and airports and all the infrastructure in our businesses it means a trade agenda but rose exports and works for the middle class. been streamlining regulations that are outdated or unnecessary...
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new government and feel the current prime minister is corrupt and does the billing of their bother taxing and they won an election two years ago and still hold a majority in parliament. the police meanwhile say they are in control of the situation despite standing down early on tuesday. >> the demonstration of peace an order we will inform that in order to reduce the tension and protest and the police, the center for peace an order has opened barriers to let protesters come in the area of the government house. we are in the process of asian with police and police maintain peace an order and forces for military do safeguard the area and ready to enforce police operations. >> reporter: that is al jazeera and let's join scott at the main protest camp in bangkok and we saw extraordinary scenes earlier outside the prime minister's office and tell us about the situation on the streets and at the protest camp there where you are. >> on the streets we were right by the headquarters for the metropolitan police in bangkok and has seen some of the worst protests and law enforcement classes over the
new government and feel the current prime minister is corrupt and does the billing of their bother taxing and they won an election two years ago and still hold a majority in parliament. the police meanwhile say they are in control of the situation despite standing down early on tuesday. >> the demonstration of peace an order we will inform that in order to reduce the tension and protest and the police, the center for peace an order has opened barriers to let protesters come in the area of...
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he said we should convert employers to tax credits. estimates of that were that there would be 11 million people who would lose health care coverage, the coverage they have, and they'd be dumped on to different kinds of health care plans. so, i have to -- and, you know, john mccain supported a health care plan that had 20 million people lose the coverage they had. so, without better alternatives. so, i think the idea that -- >> i don't -- >> no, no -- >> i know. but i'm just saying, it's a little hypocritical to hear complaints about coverage loss from someone who's authored a plan -- >> all right. thirty seconds to respond about a plan that doesn't exist. go ahead. >> it doesn't, no. but it's your plan. so, criticizing the president for a plan that would have less -- >> ok. we have your point. mr. capretta? >> she's wrong. my -- >> i'm not. >> yes, the plan i drafted, which i would love to have congress and other people consider, would not actually affect the vast majority of people in employer based coverage because it wouldn't chang
he said we should convert employers to tax credits. estimates of that were that there would be 11 million people who would lose health care coverage, the coverage they have, and they'd be dumped on to different kinds of health care plans. so, i have to -- and, you know, john mccain supported a health care plan that had 20 million people lose the coverage they had. so, without better alternatives. so, i think the idea that -- >> i don't -- >> no, no -- >> i know. but i'm just...
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we have tax credits for education. $5,000 tax credit. this is a broad agenda, how we transform communities. it will touch everyone in this city. from the first time they go to school to becoming parents. economic freedom so that will remove government obstacles to success. it will provide a generation of citizens, students, workers with a new bargain, and the government will get out of the way. it will treat you like an adult. it will treat everyone equally under the law, it will help parents control their children's future and their education, it will help creators have more jobs for workers. it will treat you the same way everyone else, the matter the color of your skin, what part of town you comfort. we have tried the bailouts, excessive taxation. it has not worked. it does not work. we will try a new approach. you can meet your new challenges as you rebuild your cities, it will endure and prevail. i promise you that i will work you do we do that. thank you very much. [applause] >> it is my job to sort hundreds of questions and try to
we have tax credits for education. $5,000 tax credit. this is a broad agenda, how we transform communities. it will touch everyone in this city. from the first time they go to school to becoming parents. economic freedom so that will remove government obstacles to success. it will provide a generation of citizens, students, workers with a new bargain, and the government will get out of the way. it will treat you like an adult. it will treat everyone equally under the law, it will help parents...
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does that suggest to you that his policies, such as raising taxes on the rich and increasing spending on the poor have contributed to the income divide? >> yeah, it sure does, greg. what's interesting, you just nailed it. if you look at the sideways in america since at least the 1960s, it has always been the case in america and still i believe today that anyone can succeed in this country, and the president was essentially saying if you grow up poor in america today, you can't get rich, which is contrary to what the american dream is all about. and what is interesting about this issue of income disparity is that what happened in the '80s and '90s especially under president reagan, a republican, and president clinton, a democrat, we had rising mobility. in the last five, six years we haven't seen that. it is true the rich are getting richer and the poor getting poorer under this president's policies. >> his latest idea is to raise minimum wage. he claims there's absolutely no evidence that doing so costs jobs. even "the washington post" gave him two pinocchios for that one. doesn't res
does that suggest to you that his policies, such as raising taxes on the rich and increasing spending on the poor have contributed to the income divide? >> yeah, it sure does, greg. what's interesting, you just nailed it. if you look at the sideways in america since at least the 1960s, it has always been the case in america and still i believe today that anyone can succeed in this country, and the president was essentially saying if you grow up poor in america today, you can't get rich,...
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negotiators are looking at any tax hikes. they're also not looking at significant cuts to medicare, medicaid or social security. instead of looking at small is more to their retirement plans. they're trying to keep that a bit lower. they're also looking at funds by selling a spectrum. looking at a small budget deal. this is part of a different budget process. >> why can there be something like a grand bargain right now? democrats are not willing to do any kind of medicare and medicaid. republicans are not willing to do any tax hikes. ryan and patty murray basically decided that they were not going to go after the sacred cow of the other party. they are trying to get something that was possible. we are not even going to go there this time. host: talking with ian swanson of "the hill." even if there is a agreement made this week, there will be a budget battle for 2014. caller: one thing this he'll will not do is raise the debt ceiling. at some point next year they are going to have to do that. it is a little difficult to foreca
negotiators are looking at any tax hikes. they're also not looking at significant cuts to medicare, medicaid or social security. instead of looking at small is more to their retirement plans. they're trying to keep that a bit lower. they're also looking at funds by selling a spectrum. looking at a small budget deal. this is part of a different budget process. >> why can there be something like a grand bargain right now? democrats are not willing to do any kind of medicare and medicaid....
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77
Dec 10, 2013
12/13
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CSPAN2
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with regard to a flat tax, we really must reform the tax code. we're letting a lot of extraordinarily wealthy people get off the hook by, you know, sending their money overseas. i think we saw i a presidential candidate that did that the last election. that's not right. that's not fair. the problem with the flat tax is somebody that's making a million or several million dollars a year would be paying the same rate as somebody that's digging a ditch. for $10 or $7.50 an hour. that's not really fair. it has to have some progressivity in it. but clearly, we need to simplify the code. clearly, we need to end the kind of loopholes that allow both corporations -- some of the largest corporations in america literally pay no tax at all, that's wrong. and individuals are able to avoid their taxes by all kinds of loopholes and various schemes, offshoring their money and the like. all of that should end. we all have a responsibility for this nation, and part of that responsibility is to help pay for it in a fair and appropriate way. with regard to campaign
with regard to a flat tax, we really must reform the tax code. we're letting a lot of extraordinarily wealthy people get off the hook by, you know, sending their money overseas. i think we saw i a presidential candidate that did that the last election. that's not right. that's not fair. the problem with the flat tax is somebody that's making a million or several million dollars a year would be paying the same rate as somebody that's digging a ditch. for $10 or $7.50 an hour. that's not really...
60
60
Dec 2, 2013
12/13
by
KCSM
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taxes and death no count suggests the worst air and higher taxes. eu membership month it's as scotland can forget about it the trident nuclear program david cameron claims getting rid of it is a bad idea in case of the book to a nuclear attack. my teeth and the roaming charges the immobile fellas if the split happens at the list goes on to stop the project the year by the yes camp they accuse the government of scaremongering stopped in to vote no and this is the white paper will prove that independence would bring about a jobs bill and a thriving economy concerns that resonate with voters this white paper answers some six hundred and fifty questions said that details give me the marquee their two main categories here one knows it will be negotiated during the transition period and another ideals to be made to become independent scottish government is in deed for warmth. they promise and eat a lot of breaking down of all the policies they want to pursue the system what a sad little supply coal to damaging wish list of policies at piecing so many peop
taxes and death no count suggests the worst air and higher taxes. eu membership month it's as scotland can forget about it the trident nuclear program david cameron claims getting rid of it is a bad idea in case of the book to a nuclear attack. my teeth and the roaming charges the immobile fellas if the split happens at the list goes on to stop the project the year by the yes camp they accuse the government of scaremongering stopped in to vote no and this is the white paper will prove that...
82
82
Dec 7, 2013
12/13
by
ALJAZAM
tv
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tax increases, spending increases at the federal level. so many possibility it is difficult to disentangle-- >> is it really had a hard if millions of people have more money to spend we don't know what the effect will be? >> sure' we're talking about 300 million people and 15 million would be independentin benefitingfrom the wage increas. so in the context it will b be a small number. >> we are it will be a shot in the arm to the macro-economy, but it won't be huge. it would shift $35 billion to minimum wage workers. so the economy is 15 trillion-dollar. so it will generate jobs when those people will spend that money. but it's not a jobs program. it's a wage program. that increase, that economic activity, those people will spend that money. it will increase the amount for foods and services. who produces the goods and services? more workers, more workers will be willneed to be hired. >> and richard, help me out here. will you be less reluctant to add another worker or two on a shift if your marginal costs per hour have gone up 10% to 25%?
tax increases, spending increases at the federal level. so many possibility it is difficult to disentangle-- >> is it really had a hard if millions of people have more money to spend we don't know what the effect will be? >> sure' we're talking about 300 million people and 15 million would be independentin benefitingfrom the wage increas. so in the context it will b be a small number. >> we are it will be a shot in the arm to the macro-economy, but it won't be huge. it would...
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to the bankers but nonetheless we pay into a tax system which is used to produce military capability that is also ultimately used in other parts of the world which is ultimately killing my brothers and sisters in other parts of the world i do not agree to subscribing to our excuse me contributing to a tax system that is being used to commit mass murder against people i consider to be my brothers and sisters halfway around the world it's a violation of my ethics as a man as someone who believes and justice for everyone and wants a better world for everyone i cannot pay for the murder of my brother or sister and that's part of the contract of citizenship so i said which was to me a sensible thing and a moral thing to do to take my name off of that contract because i do not agree to it and ultimately i will walk away and i live to paradise life in hawaii i have my own business i was making money lived on the beach did something i loved you know i loved i had a beautiful beautiful life and i walked from that because i absolutely one hundred percent disagree with the actions of my birth n
to the bankers but nonetheless we pay into a tax system which is used to produce military capability that is also ultimately used in other parts of the world which is ultimately killing my brothers and sisters in other parts of the world i do not agree to subscribing to our excuse me contributing to a tax system that is being used to commit mass murder against people i consider to be my brothers and sisters halfway around the world it's a violation of my ethics as a man as someone who believes...